NEW YORK STEM CELL FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

NEW YORK STEM CELL FOUNDATION INC

EIN 20-2905531 · Birth Defects & Genetic Diseases Research (H20)

What they do

SEE SCHEDULE O.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders21 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

139.75%of revenue went to mission work89.7% of expenses · Program services

6.59%of revenue went to fundraising4.2% of expenses

$155.77spent for every $100 of revenueSpending was higher than revenue this year.

9.44%of revenue went to management and office costs6.1% of expenses

$1.53in assets for every $1 spent this yearSome assets cannot be spent right away.

101.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $14,449,173 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $712,152 for JENNIFER RAAB (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$25,906,400

Mission workProgram services$36,204,368139.75% of revenue89.7% of expenses

ManagementOffice and general costs$2,444,8579.44% of revenue6.1% of expenses

FundraisingAsking for donations$1,706,3486.59% of revenue4.2% of expenses

Total expenses$40,355,573155.77% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 89.7% mission · 6.1% management · 4.2% fundraisingTotal expenses: 155.77% of revenue

2023Expense mix: 91.3% mission · 4.8% management · 3.9% fundraisingTotal expenses: 192.55% of revenue

2022Expense mix: 91.0% mission · 4.7% management · 4.3% fundraisingTotal expenses: 143.04% of revenue

2021Expense mix: 91.3% mission · 4.3% management · 4.4% fundraisingTotal expenses: 111.17% of revenue

2020Expense mix: 91.3% mission · 4.2% management · 4.4% fundraisingTotal expenses: 90.97% of revenue

2019Expense mix: 91.0% mission · 4.3% management · 4.7% fundraisingTotal expenses: 163.23% of revenue

2018Expense mix: 91.1% mission · 4.6% management · 4.2% fundraisingTotal expenses: 76.00% of revenue

2017Expense mix: 91.0% mission · 4.3% management · 4.7% fundraisingTotal expenses: 76.55% of revenue

Money in and money out

Revenue$25,906,400

Expenses$40,355,573

Annual shortfall $14,449,173 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$36,204,368 · 89.7% of expenses

Management and office costs$2,444,857 · 6.1% of expenses

Fundraising$1,706,348 · 4.2% of expenses

See all reported dollar amounts

Revenue$25,906,400

Expenses$40,355,573

Assets$61,911,047

Income$26,602,392

Contributions$26,188,915

Mission work (program services)$36,204,368

Fundraising$1,706,348

Grants given$62,200,640

Average grant$332,624

Management and general$2,444,857

Executive compensation (total)$1,278,696

Accounting fees$32,056

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JENNIFER RAABPRESIDENT AND CEO · 40 hrs/week $712,152Base $698,208 · Other $13,944

JEFFREY WALLERSTEINCFO & COO · 40 hrs/week $609,210Base $578,750 · Other $30,460

DANIEL PAULLVICE PRESIDENT, STEM CELL · 40 hrs/week $428,064Base $397,722 · Other $30,342

CHRISTINE LINCHIEF ADVANCEMENT OFFICER · 40 hrs/week $331,611Base $318,850 · Other $12,761

FREDERICK MONSMASENIOR VICE PRESIDENT, SCI · 40 hrs/week $330,685Base $307,849 · Other $22,836

HOWARD KIMVICE PRESIDENT, CELL THEORY · 40 hrs/week $314,529Base $286,400 · Other $28,129

DAVID MCKEONCHIEF OF STAFF · 40 hrs/week $301,771Base $290,710 · Other $11,061

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (21)

JENNIFER RAABPRESIDENT AND CEO

JEFFREY WALLERSTEINCFO & COO

DANIEL PAULLVICE PRESIDENT, STEM CELL

CHRISTINE LINCHIEF ADVANCEMENT OFFICER

FREDERICK MONSMASENIOR VICE PRESIDENT, SCI

HOWARD KIMVICE PRESIDENT, CELL THEORY

DAVID MCKEONCHIEF OF STAFF

KAREN BURKEDIRECTOR

STEPHEN M SCHERRDIRECTOR

STEPHEN M ROSSDIRECTOR

SIDDHARTHA MUKHERJEEDIRECTOR

ROY GERONEMUSCHAIRMAN & DIRECTOR

RICHARD J MASSEYDIRECTOR

PAUL M MEISTERDIRECTOR

PAUL GOLDBERGERDIRECTOR

MARILYN BRESLOWDIRECTOR

MARGO ALEXANDERFORMER TREASURER & DIRECTOR

KAY UNGERDIRECTOR

FRANCESCO CLARKDIRECTOR

DERRICK ROSSIDIRECTOR

CLYDE WILLIAMSDIRECTOR

About this charity

Recognized since: January 2005
Location: 619 WEST 54TH STREET 3RD FL, NEW YORK, NY 10019
County: New York
In care of: JEFF WALLERSTEIN
Primary officer: JEFF WALLERSTEIN, CHIEF FINANCIAL & OPERATING OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(212) 365-7428

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CONDON OMEARA MCGINTY & DONNELLY LLP
NTEE classification: Birth Defects & Genetic Diseases Research (H20)
IRS tax category: Birth Defects & Genetic Diseases Research
Grant-giving organization: Yes